Nucleic Acid Isolation and Purification Market Trends

  • Report ID: 2630
  • Published Date: Oct 15, 2024
  • Report Format: PDF, PPT

Nucleic Acid Isolation and Purification Market Trends

Growth Drivers

Growing Concern for the Prevalence of Several Infectious Diseases

Globally, throughout the years, several infectious diseases, such as cancer, several genetic disorders and other neglected tropical diseases have spread rapidly and infected people. As a result, there is an increasing concern for the study of these diseases to reduce the spread, which in turn is raising the need for the isolation of the genetic information, i.e. DNA and RNA, for processing nucleic acid-based diagnostics. Nucleic acid-based isolation techniques is one of the most advanced form of genetic engineering analysis which has significantly helped to advance in the healthcare sector. Further, with advancements in the search for several next-generation sequencing (NGS) technologies and for advanced research in genetic engineering study are some of the factors anticipated to drive the growth of the market.

Challenges

High Costs Involved in Isolation and Purification Processes

The high prices of the instruments associated with these procedures raises the overall isolation and purification costs are one of the key restraints anticipated for the growth of the market. 

 

Nucleic Acid Isolation and Purification Market: Key Insights

Base Year

2023

Forecast Year

2024–2036

CAGR

8.2%

Base Year Market Size (2023)

USD 5.65 billion

Forecast Year Market Size (2036)

USD 15.74 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Author Credits:  Radhika Pawar


  • Report ID: 2630
  • Published Date: Oct 15, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of nucleic acid isolation and purification is evaluated at USD 6.02 billion.

Nucleic Acid Isolation and Purification Market size was valued at USD 5.65 billion in 2023 and is set to exceed USD 15.74 billion by 2036, registering over 8.2% CAGR during the forecast period i.e., between 2024-2036.

North America industry is predicted to account for largest revenue share by 2036, owing to increasing application of nucleic acid isolation in food processing, agriculture, and environmental testing.

The major players in the market are Agilent Technologies Inc., Bio-Rad Laboratories Inc., Beckman Coulter, Illumina Inc., Promega Corporation, GE Healthcare, Thermo Fisher Scientific, Takara Bio, Inc, Sigma-Aldrich Co. LLC, Labome, and others.
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